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Compensation Consultant
Compensation ConsultantBravoTECH • Fort Worth, TX, US
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Compensation Consultant

Compensation Consultant

BravoTECH • Fort Worth, TX, US
[job_card.variable_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Job Description

Description : The Compensation Consultant provides analytical and strategic consulting advice to support the company's compensation philosophy, policies, and programs. Supporting management to ensure effective pay practices are developed, implemented, and adhered to ongoing; providing excellent customer service to assigned business and operational areas, when recommending compensation solutions; understanding Compensations role in the Total Rewards value proposition; assisting with the development of competitive pay models and salary structures; preparing and presenting presentations with pay recommendations when conducting job analysis, job evaluations, market pricing, and various other projects to assigned internal customer operational and business groups throughout the District are key to success.

Typical Duties

  • Conducts requirements gathering meetings to understand the compensation needs of management teams while working with HR Business Partners to collaborate for best solutions.
  • Assists departments in all compensation decisions and ensures optimal utilization of all salary information; makes recommendations that incorporate analyzing labor market data, internal equity considerations and anecdotal information that support business objectives for pay rate decisions.
  • Analyzes the market competitiveness of the company compensation program and perform research, statistical analysis, and reporting.
  • Ability to work with external vendors to ensure compensation best practices are current and implemented
  • Develops, implements, and supports appropriate solutions (programs, processes, and tools) in support of providing an effective client experience in relation to compensation; provides continual assessment of both existing and potential practices to ensure quality service delivery and alignment with business needs.
  • Manages and leads assigned compensation-related projects.
  • Develops and maintains relationships with Management to ensure appropriate solutions in support of organizational requirements by providing professional, analytical support for compensation programs.
  • Prepares job descriptions while providing process guidance and utilizing benchmark job data consistent with market documentation.
  • Responds to inquiries from Management, providing assistance or information for defining and market pricing new positions and / or reevaluation of existing positions; participates in manager discussions regarding.
  • Participates in all third-party surveys by preparing data input for participation in local, regional, and national salary surveys.
  • Performs all other job related duties as required.

Qualifications :

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or related field (or equivalent experience)
  • 3+ years of compensation experience, preferably in a hospital or healthcare system
  • Strong knowledge of compensation structures, job architecture, and market pricing
  • Experience conducting job evaluations, job leveling, and FLSA analysis
  • Proficiency with compensation surveys (e.g., Mercer, Culpepper, Radford, Willis Towers Watson, or healthcare-specific surveys)
  • Advanced Excel skills (market pricing, modeling, pivot tables, VLOOKUP / XLOOKUP)
  • Experience partnering with HR, Talent Acquisition, and department leaders
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